Hong Kong Stocks Movement | Fufeng Group (00546) Surges Over 4% in Late Trading; Kazakhstan Production Base Commences Construction, Poised to Enhance Profit Flexibility

Stock News01-08

Fufeng Group (00546) saw its shares climb more than 4% during the late trading session. As of the time of writing, the stock was up 4.18%, trading at HKD 8.48, with a turnover of HKD 71.4496 million.

On the news front, Tianjushi Group recently entered into a significant cooperation agreement with Fufeng Group's ShengTai Biotechnology Co., Ltd., involving deep participation in the bio-engineering industrial complex project invested in and constructed by Fufeng in the Zhambyl Region of Kazakhstan.

Previously, Fufeng Group was honored with the Kazakhstan 2025 Best Investment Project Award for its corn deep-processing plant project in the Zhambyl Region.

Industrial Securities released a research report stating that Fufeng Group is a leading company in corn deep-processing.

Demand in the animal nutrition sector continues to grow, and with the acceleration of its overseas business, the company is expected to contribute greater profit flexibility.

The report pointed out that the company is actively advancing its internationalization strategy, and its first overseas production base in Kazakhstan has already broken ground. The first phase of the project plans to manufacture and sell animal nutrition products and high-grade amino acids.

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